| ||||
Updated RecentlyFatburger vs Char-Hut Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fatburger vs Char-Hut including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $498,100 - $850,600 | $250,000 - $500,000 |
| Franchise Fee | $50,000 | $30,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1952 | 1976 |
| Year Franchised | 1990 | 1976 |
| Term Of Agreement | 5 Year | - |
| Term Of Agreement | 5 Year | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | * Net Worth: $1,500,000.00 * Liquidity: $500,000.00 * For multi-unit deals, must meet all FCCR and capital requirements * Financial resources to support the business with debt/equity when necessary * Ability to develop additional restaurants (if required) * Excellent personal/professional and financial references * Clear credit and criminal background checks * Leadership standing in the community through participation with civic organizations * Understands the “business of running the business” * Sound business management skills * Mid-level entrepreneur spirit * Demonstrates leadership skills * Ability to manage and direct human resources under a proven system * Has an understanding of how to develop leadership skills on his/her team * Demonstrates a strong work ethic and a high level of integrity * Customer focused and responsive to customer needs * Possesses a strong decision-making ability * Effective communication skills * Ability to follow directions * Has a passion and enthusiasm for the business * Interested in working in a fast-paced and highly charged industry * Possesses a drive and desire to succeed | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | -Proper training is absolutely essential for maintaining a successful operation while maintaining the consistency and integrity of the Fatburger operation and brand. To that end, Fatburger sets rigorous standards for staff development.
-Fatburger provides its franchisees with a detailed and comprehensive curriculum outlining how to operate their Fatburger business. Franchisees will receive thorough instructions in:
| Our development program begins at Char-Hut headquarters in South Florida where we train you on everything you'll need to build a solid foundation in the specialty burger business using the proven-successful methods that have made Char-Hut prosper for over 30 years. Additionally, we give you extensive ongoing training in your own location and market on effective and precise operational procedures. Most importantly, our senior staff will personally stand by your side to assist you in implementing our proven methods for operations management, hiring procedures and regional business development through networking and direct interaction with community leadership and influential consumer groups in your area. We will teach you all the skills you need to build a strong regional and local presence for your business which translates to more business for your Char-Hut! |
| Support | When franchisees join the Fatburger family, they receive the support provided by an organization committed to their success. Fatburger franchisees will also benefit from the experience of a professional management team. Fatburger has developed an effective, systematic process to get our franchisees up and running quickly. That includes architecture and design support, operational support, purchasing support, equipment selection support, training and recruitment support, advertising and marketing support, and real estate support. | *Operations management and support *Senior staff onsite support *Direct business management *Corporate website management *SEO for your territory and location *Toll-free technical support *Networking with other system owners *Co-op marketing *Operations manuals *Technical data and forms *New prospect leads *Strategic vendor relationships |
| Marketing | -No business can be successful without creative advertising and an intelligent marketing plan. To continually attract a diverse customer base, Fatburger advertising must react faster, be more daring, more innovative, and more focused on the specific community in which each location is situated. Fatburger's past experience has shown this is the only proven method to stay ahead of the competition. -Fatburger's flair for creative advertising and marketing sets us apart from other restaurants. The distinctive history, the L.A. roots, the world famous cooked-to-order burger, and the look and sound of the restaurants, all provide great opportunities for innovative marketing. | *Char-Hut has defined and developed a proven local, community-oriented marketing and business development systems. *Our web marketing and local advertising campaigns create loyal customers that produce high margin, repeat business. *Our brand, business model and community-oriented approach will help you develop your local market presence and community relationships that will support and build your business. |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Fatburger
The now famous Fatburger Restaurant had humble beginnings many years ago in the spotless kitchen of Ms. Lovie Yancey. Her guests enjoyed her hamburgers so much that she was encouraged to share her unique recipe with the world. Ms. Yancey took their advice and opened her first restaurant in Los Angeles, in 1952. She called this restaurant "Fatburger," while her loyal customers called it, "The Last Great Hamburger Stand." Now, over 60 years later, the red and yellow sign still holds the same promise. A promise to serve customers a great hamburger prepared fresh daily at every location. Customers will never find a frozen or prefabricated Fatburger in our restaurants.
At Fatburger, we are proud to say that word of mouth has filled our restaurants for over 60 years. Demographically, our appeal is limitless. Our customers come from every walk of life, mirroring the diversity of every community in which we are located. Teenagers, families with young children, singles, senior citizens, and people from all income levels, and ethnic backgrounds love a great burger. They tell their friends and associates about the superb homemade taste, spotless surroundings, friendly atmosphere and courteous service that they experience at Fatburger Restaurants
About Char-Hut
Char-Hut is a recognized regional innovator in the specialty burger industry throughout Southern Florida. Our reputation has been built on our service, amazing product quality, the customer experience and commitment to creating a truly memorable experience for every customer who visits a Char-Hut location. We do this by striving to provide the best customer service in the specialty burger industry and treating our customers like we would our own family members when they come to see us. Char-Hut has built the company based on focusing on the specialty burger market in addition to differentiating itself as a true, family-based burger restaurant using natural, genuine specialty burger meat and products that are chosen to offer only the best tastes, smells and experience for the customer.Char-Hut provides highly successful business opportunities for QSR high-end burger operations and food service entrepreneurs and business professionals who would like to start a business in this thriving industry. We are looking for motivated individuals interested in owning and operating a high volume, high margin specialty burger restaurant operation in their market. Once a Char-Hut franchise is located, our senior staff becomes 100% committed to that individual location and store's success. When you join the Char-Hut family, we consider our senior staff's accessibility and directly accountability to be good business for us simply because it is the only way we derive revenues, financial growth and overall success for the brand. We MUST make you successful as part of the Char-Hut family.Char-Hut products and specialty cooking process are in very high demand as more Specialty Burger Franchisepeople are choosing to spend the extra dollars on higher quality food products and want more from their burgers than ever before. According to US Foods, "Burger consumption up considerably since 2009, with nearly half of today's consumers saying they eat a burger at least once a week, compared with fewer than four out of 10 two years ago. This growth is seen across all restaurant segments. Out of all of the top entree categories, burgers were represented by the greatest number of new items. Quick-service value menus are certainly a big part of this increase in burger consumption. But the specialty burger craze has also driven growth despite - or perhaps even because of - the higher prices these burgers command. Quick-service chains have begun to respond to the growing demand for premium burgers." We provide customers with a comfortable and inviting environment along with menu items and product lines to create the perfect specialty burger experience. Our franchisees will be successful due to our proven operational methods and effective marketing models. Through superior training, technical guidance and in-territory support, we will help you in building your own Char-Hut business.